YouTube came into existence in the year 2005, an invention from Steve Chen, Chad Hurley, and Jawed Karim. It started as a sharing site where individuals shared their funny clips and is currently one of the most visited sites across the globe. The industry has offered a great source of income to a lot of video creators.
This site has had a great impact on everything around people from education to the entertainment industry. Most importantly it has created a channel for people to display their talents and get discovered through interacting with other individuals in the world. YouTube has allowed people to get a deeper understanding of what goes on across the globe.
Talented fellows have had a great opening through youtube by uploading a video of themselves and getting famous within a click. Having a video on YouTube presents a large audience, where one can get a great breakthrough if recognized by the right person. As a result, people with real and original talent get discovered.
Furthermore, YouTube has provided a chance for the truth to be spread and for people to be great ambassadors of change. Through channels, real situations on the ground can be showcased which are maybe hidden by the government or not broadcasted via the news. Through activism, issues not heard of such as destruction of the environment are spread and immediate action is taken where deemed necessary.
According to the statistics research on YouTube carried out in 2017, the site receives over thirty million viewers in a day across the globe. Furthermore, almost five billion views are watched every day and the average number of hours spent on watching videos every month is equated to three and a half billion. In addition, the total number of individuals who use YouTube are one billion, three hundred million people.
Approximately three hundred hours of video get uploaded on YouTube within each passing minute. It also estimated that out of ten individuals, six of them prefer watching online videos rather than television. Aside from computer usage, around one billion people are mobile YouTube viewers. The number of hours being spent by people on YouTube has been on the rise sixty percent each year with the fastest being the last two years.
Several companies earn greatly through revenues from YouTube which generates billions of dollars annually. For example, Google Company generates an average of four billion dollars annually. There are several number of channels earning averagely six dollars from working with YouTube. YouTube stars like Collen Ballinger who is a movie actor earns around five million dollars in a year. More so, the advertisers on YouTube also benefit from the dollars that come through revenues.